Instart Logic, a Mountain View, Calif.-based cloud application delivery service for performance-obsessed organizations, raised $26m in a Series C funding.
The round was led by Kleiner Perkins Caufield & Byers (KPCB) with participation from prior investors Andreessen Horowitz, Greylock Partners, Sutter Hill Ventures and Tenaya Capital.
The company intends to use the funds to expand sales and marketing and accelerate research and development.
Led by Manav Mital, CEO, Instart Logic provides a platform and web application streaming technology that virtualizes applications on the browser and leverages software intelligence in the cloud to dynamically optimize delivery of application components on demand.
The solution is used by organizations such as One Kings Lane, Volcom, Washington Post, Wine.com and Omni Hotels to deliver immersive experiences on any device.
FinSMEs
13/05/2014